Technically, the country will go over the "fiscal cliff" at midnight tonight, however, the significant progress in congressional negotiations signal that any time over the "cliff" should be brief.
House Republicans told their ranks that there will be no votes on any "cliff"-related legislation today and barring an unexpected change, the House will reconvene at noon on New Year's Day.
Meantime, President Obama and Senate Republican Leader Mitch McConnell, R-Ky., indicated today that they're close to a deal to avoid tax increases and spending cuts that take effect at midnight.
With negotiations still ongoing and the timing of a vote on a "cliff" deal still in flux, the House's announcement means the deadline will pass without averting the "cliff"; the Senate could still pass a deal tonight but without House passage, the president doesn't have a bill to sign into law.
And although the country technically goes over the "cliff" at midnight, the significant progress in the negotiations signals any detrimental impact from the "cliff" will be avoided, even if a vote happens after midnight - that is, unless a deal is eventually voted down in Congress or the talks collapse altogether before a vote.
Assuming a deal is passed and signed by the president Tuesday or Wednesday, included in that deal will likely be language that retroactively reverses any effects of going over the "cliff", therefore negating any negative impact of missing the deadline.
I guess this means more riots and violence while the New Year's Eve nut cases lose their wits. I guess this will mean the welfare boards will have line ups around the blocks of the cities worse off because unemployment is at a standstill. What is wrong with these Congressional Leaders? Don't they see that people will revolt? Angry and frustrated, worried people held hostage to the people we put in office. For the first time, I had to actually laugh. Obama said one thing right today. "They will wait until the very last moment if they think they have one". (something like that) And John McCain got so mad at the TRUTH. Make a decision already, you all get your raises tomorrow. Its on snopes, its true. JERKS!
US government workers got a 0.5% increase. That is one half of one percent over the last three years.
All welfare, food stamp, disability, social security, medicare, medicaid, etc recipients have received much larger increases.
More importantly, the president doesn't set Congressional salaries. He can approve or veto legislation raising salaries, but he can't write the legislation. The legislation that sets salaries comes from Congress itself, which gets to determine how much it's members are paid. (Nice work if you can get it, right? Wish we could all set our own pay.)
So, basically, the news media isn't reporting on it because A) it isn't true and B) even if it were, it wouldn't be Obama's fault.